The USD is mixed
As the North American session gets underway, and the US/UK traders wipe the sleepy eyes after the long weekend, the CAD is the strongest, the GBP is the weakest of the major currencies. The USD is mixed with gains vs the GBP, JPY, and NZD and declines vs the CAD, CHF, and AUD.
Looking at the ranges and changes, the trading has not really woken up as the major pairs vs the USD have narrow low to high trading ranges of 42 pips or less (the USDCHF is only 21 pips from low to high). The one exception is the GBP pairs.
In other markets as trading gets underway shows:
- Spot gold is up $2.28 or 0.12% $1909.30.
- Spot silver is up $0.27 or 0.96% $28.29
- WTI crude oil is up $2.30 or 3.45% at $68.62
- Bitcoin is down $380 or -1.02% $36,326
In the premarket for US stocks, the major indices are opening the delayed week higher:
- Dow is up 264 point
- NASDAQ is up 59 points
- S&P index is up 24 point
In the European equity markets major indices are also trading higher:
- German DAX, +1.69%
- France’s CAC, +1.12%
- UK’s FTSE 100, +1.2%
- Spain’s Ibex, +0.7%
- Italy’s FTSE MIB, +1.4%
the US debt market, US yields are higher with the 10 year leading the way at up 3.2 basis point:
In the European debt market, the benchmark 10 year yields are mixed with Germany, France, UK higher, and Spain, Italy and Portugal lower: